News

Alkhabeer Capital Announcement on the Distribution of Dividends to the Unitholders of Alkhabeer REIT

31 January 2021

– Announcement –

Alkhabeer Capital Announcement on the Distribution of Dividends to the Unitholders of Alkhabeer REIT

Alkhabeer Capital announces the distribution of cash dividends to the Unitholders of Alkhabeer REIT for the period (from 01/10/2020 to 31/12/2020) as follows:

  1. Total distributed dividends: (SAR 12,871,376.63).
  2. Cash distributions will be made on the basis of: (102,971,013) outstanding units.
  3. The amount of the distributed dividend is (SAR 0.125) for each unit, and its percentage to the initial price of the unit is (1.25%).
  4. The distribution ratio is (1.429%) of the net assets value as of Thursday, 16/05/1442 corresponding to 31/12/2020.
  5. The cash distribution entitlement will be for Unitholders as per the unitholders register on the end of Thursday, 06/07/1442 corresponding to 18/02/2021, end of Tuesday trading day on 04/07/1442 corresponding to 16/02/2021.
  6. The distributions will be paid within (30) business days of the distribution entitlement date.

The Fund Manager would also like to remind the Unitholders to update their bank information to ensure the direct deposit of their due distribut­­ions.

– Ends –